Sensorium Corporation, the global virtual reality media platform, is declaring its membership in the Global Blockchain Business Council (GBBC), the leading global industry association for the blockchain technology ecosystem. The move is intended to underpin and support Sensorium’s utilization of blockchain and contribute to GBBC’s work in the virtual reality and entertainment industries.

As a member of the GBBC, Sensorium will partake in forums, conferences, and other platforms, all designed to inform, educate, and discuss significant, landmark developments in blockchain technologies. The first event is set to take place on the 28th of May, 2020. Alex Blagirev, Director of IR, Digital and Technology, and Sensorium Corporation, will take part in the GBBC Virtual Members Forum, giving insight into how virtual social reality will transform the way people from all over the world are entertained and communicate with each other.

Brian Kean, CCO, Sensorium Corporation said in a statement: “Just as the internet enabled the frictionless peer-to-peer exchange of information, blockchain has the potential to usher in the frictionless exchange of assets. Blockchain technology is the most secure way to transfer digitized assets and information peer-to-peer or organization-to-organization through the use of distributed ledgers. We believe that partnership with the GBBC will help us maximize the benefits of blockchain for the Sensorium Galaxy.”

Sensorium is a keen enthusiast of blockchain and was a principal participant at the 4th Annual Blockchain Central held in Davos, Switzerland, earlier this year, hosted by GBBC. The Davos event drew together leading voices and innovators in the blockchain industry and business leaders and policymakers. Sensorium unveiled how social networks will slowly move to the 3D virtual space because of the different collective communal experiences it offers and how blockchain is also central to these improvements.

Sandra Ro, CEO, GBBC stated in a statement: “The GBBC is pleased to welcome Sensorium Corp as a GBBC member. The widespread growth of virtual reality, and the impending launch of Sensorium’s multi-user immersion experiences, signals an important step in the broadening of our digital lives. As we look to expand our experiences and social interactions in the online realm, blockchain technology will likely play an important role in the creation of digital assets and an online virtual economy. The GBBC looks forward to working with Sensorium to advance what are clear synergies between the virtual reality and blockchain technology ecosystems.”